Other - Taxes

Can you use both mileage and repairs when you own a business and the vehicle is owned by the business?

2007-02-23 16:04:18 · 10 answers · asked by Anonymous

What is the best way to get rid of back Taxes? I want this Monkey off my back!! I have no other debts help!!!

2007-02-23 16:01:30 · 7 answers · asked by Anonymous

my sister file her taxes through tur-bo tax she waited three weeks for a refund then in the fouth week they told her she did not have a record where she file in 95 or 96 can the irs go back that far can they hold her refund

2007-02-23 15:03:41 · 3 answers · asked by mishoney 4

2007-02-23 13:07:11 · 7 answers · asked by Anonymous

I bought tickets in late Dec 2006 for a business trip in early 2007. Are the tickets a deduction for 2006 when I paid for them, or in 2007 when the actual business travel took place.

2007-02-23 07:55:46 · 7 answers · asked by Anonymous

HI guys we have a one year old small business a POOL SERVICE BUSINESS and we are due to do our taxes, I am a bit anxious because i am not sure how much small business have to pay back? do they make you pay the IRS a lot

2007-02-23 05:02:46 · 5 answers · asked by WellaTeam 2

I usually claim standard mileage, but I bought a new car 11/05 started using it for business 1/06 can I claim actual using vehicle depreciation on my taxes or just standard? My other car I have I never used for business before, but used it breifly in 06 for about 20% for work can I claim this also? What do I need to put for date of service? When I bought the car or when I started using it?
Thanks!!

2007-02-23 03:16:25 · 2 answers · asked by Anonymous

2007-02-23 02:52:56 · 3 answers · asked by mcgilllilnancy 2

I was married in April 06 so its my understanding that my wife and I would benefit most from filing our income taxes jointly. We both work full time jobs, but in addition to my full time job, I am also an independent contractor selling a little real estate here & there. (Only 2 sales in 2006 for a total of about $2800 in commission.) But being an independent contractor, I am allowed to write some things off that pertain to my business such as fees paid, marketing, cell phone, etc...

What do I claim my real estate income as & if it's not my primary job, am I still eligible for the write-offs?

Also, where can I find a list of general things that can be written off or deducted such as medical costs and whatnot? We want to make sure we get as much as we can back, but I'm concerned I could miss some things.

Any help is greatly appreciated, but anyone that actually walks me through it step by step will get best answer. I've never filed myself before so I'm a bit weary. Thanks!

2007-02-22 18:54:35 · 5 answers · asked by The Proof Is In The Pudding 3

How long does it take to for you to get the remainder of your income tax money?

2007-02-22 18:37:08 · 4 answers · asked by Anonymous

2007-02-22 13:57:02 · 5 answers · asked by Anonymous

I think it is called EITC, Anyway last year my tax preparer was saying I could get money back for my son, he is now 2 and a hlaf and my husband and I have seperated. I was unable to claim them in past years because my husband was not a citizen with a soc. #.
So my question now is, we are seperated but still legally married, can I claim that money when I do my taxes?

2007-02-22 12:25:18 · 2 answers · asked by Anonymous

2007-02-22 10:47:58 · 5 answers · asked by Anonymous

2007-02-22 09:59:54 · 5 answers · asked by littlegirl 1

Happens to the rest owing to that person?Where doe's it go?It should go to closest relative.

2007-02-22 09:34:40 · 5 answers · asked by walter_nahbexie 2

My girlfriend is on welfare. I help her support her son, from a different man, by buying his diapers, and clothes utilities etc. Her mom claims her on her taxes. I was going to claim her son since i provide most of his support. If i claim him, will they make me pay back the welfare even if he isnt my child by blood?

2007-02-22 08:27:15 · 3 answers · asked by Anonymous

2007-02-22 04:21:24 · 6 answers · asked by hahaman 1

2007-02-22 02:35:16 · 5 answers · asked by Anonymous

2007-02-21 21:35:21 · 3 answers · asked by standby2@btinternet.com 1

2007-02-21 13:11:18 · 1 answers · asked by JOHN S 1

I forgot to include some money I made when I did my taxes. They took out a lot of tax on what I made and I think I should get more money back. I believe the mistake would give me a bigger return if I fix it.

2007-02-21 06:49:18 · 12 answers · asked by Anonymous

2007-02-21 04:26:14 · 8 answers · asked by tess1027 1

if so, how come? since our country is so rich, how come we are paying taxes?

2007-02-21 03:23:21 · 20 answers · asked by Essie 6

2007-02-21 02:22:17 · 14 answers · asked by elessar221 1

Bernie and Pam are a young married couple beginning careers and establishing a household. They will each make about $50,000 next year and will have accumulated $40,000 to invest. They now rent an apartment but are considering purchasing a condo. for $100,000. If they do a down payment of $10,000 will be required. They have discussed their situation with Lew McCarthy, an investment advisor, and he has recommended the following investments: * The condo-expected annual increase in market value=5% * Municipal bonds- expected annual yield=5% *High-yield corporate stocks-expected dividend yield=8% * Savings account in a commercial bank-expected yield=3% * High-growth common stocks-expected annual increase in market value=10%; expected dividend yield=0. (1) Calculate the after tax yields on the foregoing investments, assuming they hae 28% marginal tax rate. (2) How would you recommend they invest their $40,000? Explain
Show all work for each assignment and explain each step

2007-02-20 23:40:24 · 6 answers · asked by Anonymous

2007-02-20 22:28:20 · 1 answers · asked by LOUNDA 1

2007-02-20 15:01:55 · 2 answers · asked by beckyfnewton 1

My return was offset to a 5 year old student loan debt. Is there any way to get my return back? I had completely forgotten about this debt, and they have never offset my return before now. I am between jobs and have two kids. I really need that money right about now. Please help!

2007-02-20 14:12:16 · 4 answers · asked by Anonymous

2007-02-20 12:51:54 · 1 answers · asked by zhel 1

does the cost of a vet bill of $13,000 due to your dog getting hit by a school bus count?

2007-02-20 11:08:10 · 3 answers · asked by foxyraley 2